BERLIN / Reuters Zalando reported slower first-quarter sales growth after a blistering 2015, but Europe’s biggest dedicated online fashion retailer said sales had accelerated since the Easter holidays in late March and reiterated its annual targets. Fashion retailers such as H&M and Next have reported a weak start to 2016 due to an earlier Easter than last year and ...

  MADRID / Reuters Fast-food company Telepizza has announced it planned to list on Spain’s stock market on April 27, looking to raise 550 million euros ($621 million) from the share sale, to become one of the first Spanish companies to seek a listing this year. Specialised engineering company Dominion, a unit of car parts company CIE Automotive, is planning ...

  Riyadh / AFP State-owned Saudi Arabian Airlines plans to launch a low-cost offshoot next year under initiatives to restructure the kingdom’s oil-dependent economy, official media said. Known as “Flyadeal”, the low-cost carrier will begin operations from the middle of next year, Saudi Arabian Airlines chief Saleh al-Jasser said. It will operate independently of its parent firm, Jasser was quoted ...